Business Accounting for Success

Business Accounting for Success

The title of this article may appear to be a bit weird. How can business accounting result into success of any organization? Don’t be surprised. Yes, it may. For many organizations – small, medium or big sized managing day-to-day activities of accounting has given nightmares. To an extent, that many of them have been seen grappling with this mundane procedure so as to ignore the biggest priority in any business which is growth. Accounting is highly a critical aspect of your business which cannot be procrastinated and which needs instant updating of records. Well, it also does not include only maintaining your daily books of accounts or ledger books or handling petty cash. It is a broad spectrum of business function which involved intricate activities.

Pierian, a leading Singapore based accounting services firm, helps you with this foremost business function. Pierian has the expertise and with a team of professional experts, it delivers you outstanding accounting services in Singapore. Re-inventing the wheels to define new procedures that meet the standard accounting procedures is what Pierian emphasizes upon. By the virtue of their extensive experience in this field, Pierian exactly comprehends the accounting needs of any business and understands the importance of accuracy and deadlines.

The prime objective of Pierian behind supporting organizations in this business function is to help them dedicate their energy and resources in managing the core activity of the business, i.e. growth and profitability. Pierian contributes in accounting services for small business and caters to their smallest need in accounting. In adherence to international standards of accounting practices, Pierian manages the whole process till preparing the necessary reports or documents for submission to ACRA (Accounting and Corporate Regulatory Authority) and IRAS (Inland Revenue Authority of Singapore). The portfolio of accounting services involves managing day-today accounting activities and preparation of financial statements, bank reconciliation, balance sheets and other statutory statements, audits, cash flow, budgeting, costing and many other allied and crucial aspects of accounting activities.

Managing various other business functions is also a feature of Pierian which demonstrates its caliber of dynamic expertise. Pierian strongly believes that for any business to be successful, the base stone should be perfect and sustainable. The focus should be on setting well-defined business operating procedures that helps in proper resource allocation. It is a fundamental and essential need of any business to streamline its processes. Through its business process re-engineering services (BPR), Pierian provides customized services which consist of ‘Procure to Pay, Order to Cash and End-to-End Finance functions’.

Pierian has delineated a 3-tier program in its business process re-engineering services (BPR), to clearly outline the chart of activities. It begins with the basic need of understanding one’s business concept and the crucial factors that are responsible for growth. The objective and purpose of existence of each business element is carefully scrutinized. On understanding the procedures that requires changes and which can be further modified for leveraging its productivity, new designs are created which minimize risk factors and increase operational efficiencies. Lastly, these new processes are implemented and thoroughly monitored for further enhancement and perfect alignment with business goals.

In its endeavor to empower organizations with strong tools that can help them in smooth functioning of business, Pierian keeps on innovating new strategies and techniques to scale new heights.
About the Author

The author is a renowned writer and plays an important role in business process re-engineering services (BPR) offered by Pierian. He is well-versed with accounting services for small businesses. Through his articles he highlights the advantages of outsourcing business functions.